Brinker International, Inc. $EAT Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC trimmed its position in shares of Brinker International, Inc. (NYSE:EAT) by 34.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 42,650 shares of the restaurant operator’s stock after selling 22,215 shares during the period. Intech Investment Management LLC’s holdings in Brinker International were worth $6,121,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new stake in Brinker International during the 3rd quarter valued at $25,000. Allworth Financial LP grew its holdings in Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after purchasing an additional 93 shares in the last quarter. First Horizon Corp grew its holdings in Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after purchasing an additional 181 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Brinker International by 1,233.3% during the 4th quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock valued at $52,000 after purchasing an additional 333 shares in the last quarter.

Brinker International Trading Up 1.6%

NYSE EAT opened at $142.22 on Friday. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12. The company has a 50-day simple moving average of $143.51 and a 200-day simple moving average of $146.36. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. The firm has a market capitalization of $6.10 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 1.02 and a beta of 1.32.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, beating the consensus estimate of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the business posted $2.66 EPS. The company’s quarterly revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, equities analysts forecast that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on EAT shares. TD Cowen lowered their price target on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. DA Davidson started coverage on shares of Brinker International in a report on Friday, March 6th. They set a “neutral” rating and a $155.00 price target for the company. Weiss Ratings lowered shares of Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Wolfe Research began coverage on shares of Brinker International in a report on Monday, March 9th. They set an “outperform” rating and a $184.00 price objective for the company. Finally, Barclays raised their price objective on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Company Profile

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.